On the basis of number of films produced and released, India is the largest market in the world. But in terms of screen density (movie screen per million people) it is among the lowest eight screens per million compared to 126 in the US, 60 in the UK, 40 in South Korea and 26 in China. US-based National Association of Theatre Owners reported there are 40, 837 screens in the US as of July. In India, however, there are only around 2, 400 multiplex screens and around 6, 700 single-screen theatres. However, nearly 45 per cent of the total domestic box office collections are generated at the multiplexes. The top four players based on screen count PVR, Inox, Carnival, Cinepolis account for over 70-73 per cent of the overall multiplex business. And that is why any major acquisition has a long-term impact on the films business in India.
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